Featured Accounting News
Gov. Evers signs bill providing an additional pathway to CPA licensure
April 03, 2026
A bipartisan bill to expand the options available for CPA licensure in Wisconsin was signed into law on Thursday, April 2, by Gov. Tony Evers.
PCAOB requests public comment on strategic priorities
April 02, 2026
The PCAOB is seeking public comment on its strategic priorities, which will help inform development of the 2026–2030 strategic plan and guide focus areas for future standard-setting.
Mastering BSA/AML for accounting firms
April 01, 2026
By aligning BSA/AML readiness with existing quality-control practices, firms can enhance client relationships and streamline banking interactions.
Report: Demand grows for AI skills in accounting roles
March 31, 2026
The largest year-over-year rise in job mentions that require artificial intelligence or machine learning capabilities is the role of accountant, according to a new report.
IRS watchdog cites resource limits, duplication in partnership audits
March 30, 2026
Limited resources and a duplicative review process contributed to IRS problems with auditing large partnerships, a government watchdog said in a review issued earlier this month.
Average tax refund now at $3,676 as 2026 filing deadline nears
March 28, 2026
The average tax refund is up by more than $350 year-over-year, according to data released by the IRS at the end of February.
IRS seeks suggestions for 2026-2027 Priority Guidance Plan
March 27, 2026
The IRS and Treasury are asking stakeholders to submit recommendations by Friday, May 29, on items to include in the agency’s 2026-2027 Priority Guidance Plan.
AICPA seeks clarity on revamped paid family leave credit rules
March 26, 2026
The AICPA is requesting guidance on changes made to the paid family and medical leave credit under H.R. 1, commonly known as the One Big Beautiful Bill Act.
IRS provides guidance on business interest limitation elections
March 25, 2026
The IRS provided guidance in Rev. Proc. 2026-17 on the withdrawal of elections to be excepted trades or businesses under Sec. 163(j)(7) for purposes of the business interest limitation.
IRS extends adequate identification relief of digital asset units through 2026
March 24, 2026
The IRS has extended temporary relief that allows eligible taxpayers to use alternative methods to make adequate identification of digital asset units that are sold, disposed of, or transferred.
SEC issues long-awaited crypto guidance
March 23, 2026
The SEC has issued an interpretation clarifying how the federal securities laws apply to certain crypto assets and transactions involving crypto assets.
More women accountants have entrepreneurial dreams, global survey finds
March 21, 2026
New survey data from the Association of Chartered Certified Accountants found that 48% of women working in finance and accounting aspire to be entrepreneurs, up from 45% last year.
Beyond the exit plan: Designing succession around vision, continuity
March 20, 2026
Intentional succession starts with the lived, operational vision that shows up in how you lead, invest, promote and make tradeoffs.
PEEC proposes revised definition of ‘attest engagement team’
March 19, 2026
The AICPA Professional Ethics Executive Committee (PEEC) issued an exposure draft proposing revisions to the definition of “attest engagement team” in its code of conduct.
IRS issues FAQ to clarify CP53E notice
March 18, 2026
Nearly 830,000 Americans could experience delays in receiving their tax refunds this season after the IRS stopped issuing paper checks.
AICPA pushes IRS to ease, expand first-time abatement program
March 17, 2026
The AICPA is urging the IRS to broaden the first-time abatement (FTA) program to include more tax and information-return penalties.
AICPA urges IRS to expand First Time Abatement program
March 16, 2026
In a letter to the tax agency, the AICPA urged the IRS to expand the First Time Abatement program to include more tax and information return penalties.
IRS raises 2026 depreciation limits for passenger automobiles
March 14, 2026
The IRS issued the 2026 depreciation limitations for passenger vehicles, including those subject to bonus depreciation.
IRS proposal eases provision of 1099-DA statements by digital asset brokers
March 13, 2026
The IRS proposed regulations that would make it easier for digital asset brokers to provide 1099-DA statements to customers electronically.
CPA business executives report renewed optimism about the economy
March 12, 2026
CPA business leaders reported higher optimism about the U.S. economy during the first quarter of 2026 in the latest AICPA and CIMA Economic Outlook Survey.